FS CEO Renato Mazzoncini outlines future strategy

FS CEO Renato Mazzoncini outlines future strategy

During the Ambrosetti Forum held in Cernobbio, the CEO of Italian State Railways (FS) has set out his future strategy for FS covering five key areas – mergers, the planned IPO, expansion abroad, door-to-door travel, and freight restructuring – which will form part of FS’ 10-year plan to be presented at the end of September.
International Strategy
Mazzoncini says FS is keen to capitalise on the creation of the single European railway market following the recent approval of the Fourth Railway Package. “We are identifying relationships in other countries,” Mazzoncini says. “We have an interest in the Paris – Brussels route.” FS has already reached a trilateral agreement with Swiss Federal Railways (SBB) and German Rail (DB) to introduce a new Milan – Zurich – Frankfurt service through the Gotthard Base Tunnel at the end of 2017.
Mazzoncini says the deal to acquire Greece’s national train operator Trainose will be signed at the end of September and the ownership of Trainose will transfer to FS on January 1. as well as future developments in the UK with the participation Trenitalia, in a temporary joint venture with a British company, the tender for the management of the London-Edinburgh line.
On the sidelines of the Ambrosetti Forum, the CEO of Italian State Railways (FS) and the Russian deputy Arkady Dvorkocich, discussed the collaboration between the Italian and Russian Railways already signed on July 6 with a Memorandum of agreement which provides, in fact, the common development of projects for the construction and modernization of railway infrastructure, providing products and services for logistics and transport of goods and passengers. The agreement also provides cooperation in the construction of high-speed lines in Russia, as well as joint projects for the construction of new railway infrastructure in other countries. Similar agreements have also been signed during the summer with the Japanese railways.
“Our goal is to create European connections and to be a European operator,” Mazzoncini says.
Mazzoncini says he wants FS to be able to use its infrastructure and assets in an innovative way in its relationship with its customers. He says FS is working on two fronts: the extended customer experience and the development of door-to-door services using technology to integrate the different modes of transport.

Source: Fs News